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Robert Kiyosaki, the writer of the popular book “Rich Dad Poor Dad,” recently disclosed that he sold Bitcoin worth about 3 billion South Korean won, while highlighting his continued strong belief in digital currencies.

Kiyosaki expressed on his social media, SNS, on the 29th of last month that “the conclusion of Japan’s long-term ‘carry trade’ might result in significant deflation in global asset markets,” and “the base of the global financial system is becoming unstable.” Carry trade is known as an “arbitrage trading” approach where investors take out loans in low-interest currency to invest in higher-return assets.

He said, “It’s not the right moment to encourage fear but to make informed decisions and shift risks,” and forecasted that gold, silver, Bitcoin, and Ethereum will become popular choices for accumulating wealth in the future. He further noted, “Especially, Bitcoin and Ethereum are positioning themselves as ‘hard assets’ that attract investment when confidence in traditional currencies declines,” and mentioned, “These are assets capable of preserving and increasing value during future market fluctuations.”

Kiyosaki also stated, “As the world grows poorer, individuals who own Bitcoin and Ethereum will become wealthier,” and encouraged investors to concentrate on digital assets rather than traditional money. He additionally predicted that Bitcoin will act as a “secure refuge of confidence” during times of global instability, attracting financial investments.

Nevertheless, he revealed that he recently sold Bitcoin valued at around $2.25 million (about 3.3 billion South Korean won). In response to this, he clarified, “The sale wasn’t because of doubts about future price movements, but to obtain cash for new investments,” and mentioned that the money was utilized to purchase two surgical centers and invest in an outdoor advertising, billboard enterprise. Kiyosaki noted, “These ventures are expected to produce a monthly cash flow of roughly $27,500 (around 40 million South Korean won) by next February.”